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  • Sc Src Business Activity Statement 2022

Get Sc Src Business Activity Statement 2022-2025

Seychelles Revenue Commission Business Activity Statement1Client trading name:When completing this form, please:TIN:* leave boxes blank if not applicable (do not use N/A, Nil or Symbols +,,/,RS) *This.

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How to fill out the SC SRC Business Activity Statement online

Filling out the SC SRC Business Activity Statement (BAS) online is essential for ensuring compliance with tax obligations. This guide offers step-by-step instructions to assist you in completing the form accurately and effectively.

Follow the steps to complete your SC SRC Business Activity Statement online.

  1. Click 'Get Form' button to obtain the form and open it in the editor.
  2. Enter your client trading name in the designated field. Ensure it is the name under which you conduct business.
  3. Complete the Income & Non-Monetary Benefits Tax section (INMBT). Input the number of citizen and non-citizen employees in both full-time and part-time categories.
  4. Report any total non-taxable emoluments and non-monetary benefits in the respective fields provided.
  5. Move on to the Value Added Tax (VAT) section. Click the VAT Return link if you need to complete that specific part of the documentation.
  6. Fill in the Goods and Services Tax arrears section if applicable, providing details of any outstanding GST.
  7. In the Pay As You Go (PAYG) - Business Tax section, record amounts paid concerning dividends, royalties, and other withholding payments.
  8. If applicable, complete the Corporate Social Responsibility Tax (CSRT) Arrears section, and summarize all total amounts to be remitted.
  9. Finally, review the form for accuracy, and then you can save your changes, download the completed form, print it, or share it as required.

Complete your Business Activity Statement online today to ensure timely and accurate submission.

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As preliminary explanation, it is important to note that in Seychelles we do not have personal income tax. The residence will be determined in ance with the business tax act, section 2 defining resident person.

Personal taxes Employment income of individuals is subject to income tax at the following rates for citizens: income up to SCR (Seychelles rupee) 8,555.5 per month – 0%; from SCR 8,5555 to 10,000 per month – 15%; from SCR 10,000 to 83,000 per month – 20%;

Personal taxes Employment income of individuals is subject to income tax at the following rates for citizens: income up to SCR (Seychelles rupee) 8,555.5 per month – 0%; from SCR 8,5555 to 10,000 per month – 15%; from SCR 10,000 to 83,000 per month – 20%;

Tax Rate Personal income taxMonthly bracket - Citizen employee SCR 0 to 8,555.50 0% SCR 8,555.51 to 10,000 15% SCR 10,000 to 83,000 20% Above SCR 83,000 30%5 more rows

What is a Business Activity Statement? The Business Activity Statement, commonly referred to as BAS, is a reporting form introduced by the Seychelles Revenue Commission (SRC) which details the monthly tax owed by the business.

This tax applies to all employed persons earning income in Seychelles. The calculation of this tax is based on monthly emoluments, which are subject to a progressive tax rate. This means the rate increases as your pay increases. Non-monetary benefits are also taxed at a rate of 15% of the benefit's value.

A Tax Identification Number (TIN) is a single and unique identifier for use in dealings with the Seychelles Revenue Commission and other Government agencies. If you are a company, partnership, trusts or other organizations, click here to register for your Tax Identification Number (TIN).

Seychelles imposes no tax in place for corporations that do not conduct their business activities within the Seychelles territory. In other words, an offshore company in Seychelles pays no taxes on income generated abroad. There are also no capital gains tax, dividends, interest, inheritance, or property tax.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232